New signage is going up today on multi-state branches of the old American Savings Credit Union of Memphis, which was formally merged this week into Hope Community Credit Union, of Jackson, Miss. now with $117 million in assets.

"The merger of these two entities forms a larger, stronger community development financial institution that serves working families throughout the Mid-South," said a press release.

The combined CU retains more than 11 branches in four states: Tennessee, Mississippi, Arkansas and Louisiana and 46,000 members.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.